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New York - The Real Deal

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Title: New York - The Real Deal

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Nick Mastroianni’s U.S. Immigration Fund claims entities tied to Fortress Investment Group and L&L Holding Company wrongly transferred control of a 46-story tower in Times Square and are now personally on the hook for upwards of $890 million.  USIF on Wednesday filed a lawsuit against various Fortress entities and L&L, claiming that the developers violated terms of ...

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Disgraced attorney and fixer Mark Nussbaum is turning against his former friend and deal partner as creditors seek to collect more than $400 million in missing escrow funds.  Sheldon Eisenberger, an attorney handling the wind-down and liquidation of Nussbaum’s former law firms, has launched a lawsuit against nursing home entrepreneur and Nussbaum’s former friend Tzali Chopp...

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Some rules are meant to be broken. Consider this message I received from an owner of rent-stabilized buildings: “There are countless units that have been in the same tenant’s name or family for decades while their needs and family makeup have changed. For example, they have a 3 or 4 bedroom apartment for a family of 1 and perhaps 2. They will then rent the spare bedrooms for $17...

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Soon-ish, housing projects filed in certain community districts can skip City Council review.  In November, voters approved the “housing fast-track,” a condensed version of the city’s land use review process. The fast-track will be available to some projects proposed in the 12 community districts with the lowest rates of affordable housing development. To be eligible, a hou...

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There were 180 transactions totaling $765 million filed in New York City records in the 24 hours before 4 p.m. on Wednesday, Feb. 18, 2026. 🏆 Residential: The top home sale to hit records was in Greenwich Village, where a condo at 160 West 12th Street changed hands for just under $15 million or roughly $5,200 per square foot. The seller was an LLC tied to real estate investor J...

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